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Question

_________ is the main protagonist of economics as a study of welfare.

A
Alfred Marshall
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B
Stonier Hague
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C
Samulson
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D
Robinson
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Solution

The correct option is A Alfred Marshall
Alfred Marshall propounded the welfare definition of economics. He defined economics as the study of humankind in the ordinary business of life. It focuses on that part of individual and social practices that are related to achieving the various things that are required for survival. According to him, one side of it is the study of wealth and the other part if the study of man.

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